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Technology Stocks : Advanced Switching Communications, Inc. ASCX

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To: $Mogul who wrote (11)3/20/2001 10:40:27 PM
From: Jim B  Read Replies (1) of 29
 
Anyone still own this thing other than me? How much lower can it go? And COSN way down too.

And what about OCPI and OPLK and NUFO and so many others. WOW!

Great bargains or wait awhile? Hard to say. I own these all at MUCH higher prices. Too bad there's no money to buy more. Oh wait, Greenie lowered 50bps today so maybe I should forget buying right now anyway.

Market wanted 75bps even though every person with common sense and who knows Greenie doesn't care about the stock market knew he wasn't going to lift more than 50. Yet, we crash threw all support levels on the DOW and NASD today setting us up for probably a DOW 8000 and a NASD 1500.. maybe even NASD 1200.. I wish I could close my eyes and wake up in 2002 to see where we are.

It's going to be VERY tough watching my holding drift downward this year or go nowhere at all. After 2 years of triple digit gains.. my portfolio probably ain't gonna go much of anywhere this year. Awww.. maybe there will be some hope by Q4.. we shall see.

Anyone see that article on CNN that said that INSIDERS have sold 38 to 1 the number of shares they have bought over the last few months. They sure don't think things are going to get any better. That said, they must have alot of cash. Can't wait til all that money flows back INTO the NASD. Whenever we do turn around, it sure will be one glorious climb back up. Or should I say, I hope.

jimb holding all my stocks and will weather the storm
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